Check my policyHome / Plan directory / GREAT Flexi Cashback
GREAT Flexi Cashback is a Great Eastern participating endowment. You pay premiums for 10, 15 or 20 years, it pays a guaranteed 4.30% of the basic sum assured every year from the end of year 2, and it matures 5 years after your last premium with a lump sum plus any bonuses.
Checked against Great Eastern's product page on 16 October 2026. Your policy schedule and benefit illustration set out your own terms and prevail over this page.
The plan as Great Eastern sells it today.
Pick the version on your policy schedule. "15-Pay 20" means 15 years of premiums in a plan that lasts 20 years.
You pay premiums for 15 years. From the end of year 2 to the end of year 19, Great Eastern pays 4.30% of the basic sum assured each year: 18 payouts, worth 77.4% of the basic sum assured in total, all guaranteed. At the end of year 20 the plan matures and pays the final year's guaranteed surrender value plus any bonuses.
The basic sum assured is printed on your policy schedule. These are the guaranteed payouts only: they leave out bonuses, interest on payouts left with Great Eastern, and anything already withdrawn or borrowed.
The guaranteed parts are fixed in your contract. The rest depends on how Great Eastern's participating fund performs.
Great Eastern illustrates the plan at two assumed investment returns, 4.25% and 3.00% a year. In its own example at the lower 3.00% rate, total benefits come to about 1.15 times the premiums paid.
Each year you choose: take the payout as cash, or leave it with Great Eastern to earn interest. The interest rate is set by Great Eastern, is not guaranteed and can change without notice.
Great Eastern's illustration assumes 3.00% a year on payouts left in when the fund earns 4.25%, and 1.50% a year when it earns 3.00%.
If you are thinking of ending the policy, ask Great Eastern for a statement that shows the surrender value and any payouts you have left in, as separate figures.
From Great Eastern's product page. Your policy contract sets out the exact rules for your policy.
You can surrender in full or in part at any time. After the 14-day free-look period you may get back less than you paid, and in the early years the surrender value may be nothing at all.
There is a 30-day grace period. After that, if the policy has enough net surrender value, an automatic premium loan pays the premium for you; if not, the policy may lapse.
A policy that lapsed without enough surrender value may be reinstated within 6 months, on Great Eastern's usual conditions.
Compare every route before you decide. Surrendering can't be undone.
The guaranteed payouts and maturity value only arrive if the policy stays in force. If cash is tight, a policy loan may bridge the gap. Policy loan or surrender
Great Eastern pays the surrender value and the policy ends. How to surrender a Great Eastern policy
We usually buy GREAT Flexi Cashback policies paid in cash once about a third of the term has passed. If our offer beats the surrender value, you see both figures in writing before you decide. Check my policy
At the end of the second policy year, then every year until the year before the plan matures.
Yes. The 4.30% of the basic sum assured is guaranteed as long as the policy is in force. Bonuses, and interest on payouts left with Great Eastern, are not.
No. It is 4.30% of the basic sum assured, not of the premiums you pay, so it doesn't tell you the plan's return on its own. Your benefit illustration shows the illustrated yield.
Plans are relaunched with new rates. Seedly lists an earlier version paying 6% of the insured amount a year. Your policy schedule shows the rate on your policy.
Yes, at any time, in full or in part. In the early years you may get back less than you paid. How to surrender a Great Eastern policy
No. Great Eastern issues it on a guaranteed basis without medical underwriting, though it still checks that the premium suits your finances.
Check whether we would buy it before you surrender. No NRIC, no obligation.
Check my policyHome / Plan directory / GREAT Flexi Cashback
GREAT Flexi Cashback is a Great Eastern participating endowment. You pay premiums for 10, 15 or 20 years, it pays a guaranteed 4.30% of the basic sum assured every year from the end of year 2, and it matures 5 years after your last premium with a lump sum plus any bonuses.
Checked against Great Eastern's product page on 16 October 2026. Your policy schedule and benefit illustration set out your own terms and prevail over this page.
The plan as Great Eastern sells it today.
Pick the version on your policy schedule. "15-Pay 20" means 15 years of premiums in a plan that lasts 20 years.
You pay premiums for {{pay}} years. From the end of year 2 to the end of year {{last}}, Great Eastern pays 4.30% of the basic sum assured each year: {{n}} payouts, worth {{totPct}}% of the basic sum assured in total, all guaranteed. At the end of year {{term}} the plan matures and pays the final year's guaranteed surrender value plus any bonuses.
The basic sum assured is printed on your policy schedule. These are the guaranteed payouts only: they leave out bonuses, interest on payouts left with Great Eastern, and anything already withdrawn or borrowed.
The guaranteed parts are fixed in your contract. The rest depends on how Great Eastern's participating fund performs.
Great Eastern illustrates the plan at two assumed investment returns, 4.25% and 3.00% a year. In its own example at the lower 3.00% rate, total benefits come to about 1.15 times the premiums paid.
Each year you choose: take the payout as cash, or leave it with Great Eastern to earn interest. The interest rate is set by Great Eastern, is not guaranteed and can change without notice.
Great Eastern's illustration assumes 3.00% a year on payouts left in when the fund earns 4.25%, and 1.50% a year when it earns 3.00%.
If you are thinking of ending the policy, ask Great Eastern for a statement that shows the surrender value and any payouts you have left in, as separate figures.
From Great Eastern's product page. Your policy contract sets out the exact rules for your policy.
You can surrender in full or in part at any time. After the 14-day free-look period you may get back less than you paid, and in the early years the surrender value may be nothing at all.
There is a 30-day grace period. After that, if the policy has enough net surrender value, an automatic premium loan pays the premium for you; if not, the policy may lapse.
A policy that lapsed without enough surrender value may be reinstated within 6 months, on Great Eastern's usual conditions.
Compare every route before you decide. Surrendering can't be undone.
The guaranteed payouts and maturity value only arrive if the policy stays in force. If cash is tight, a policy loan may bridge the gap. Policy loan or surrender
Great Eastern pays the surrender value and the policy ends. How to surrender a Great Eastern policy
We usually buy GREAT Flexi Cashback policies paid in cash once about a third of the term has passed. If our offer beats the surrender value, you see both figures in writing before you decide. Check my policy
At the end of the second policy year, then every year until the year before the plan matures.
Yes. The 4.30% of the basic sum assured is guaranteed as long as the policy is in force. Bonuses, and interest on payouts left with Great Eastern, are not.
No. It is 4.30% of the basic sum assured, not of the premiums you pay, so it doesn't tell you the plan's return on its own. Your benefit illustration shows the illustrated yield.
Plans are relaunched with new rates. Seedly lists an earlier version paying 6% of the insured amount a year. Your policy schedule shows the rate on your policy.
Yes, at any time, in full or in part. In the early years you may get back less than you paid. How to surrender a Great Eastern policy
No. Great Eastern issues it on a guaranteed basis without medical underwriting, though it still checks that the premium suits your finances.
Check whether we would buy it before you surrender. No NRIC, no obligation.